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In case of our death how can my brother claim money from bank account


11-Jul-2023 (In Documentation Law)
My and my wife have different saving account in our name . In my account my wife is nominee and in my wife account I am nominee. But generally we always travel together on flight 18 times in a year. we don't have any kids. Please advise if any thing happen to us together at a same time and we both are die then how my younger brother will recover our money from bank . Is there any process or documentation we need to prepare ?
Answers (1)

Answer #1
856 votes
The only documentation is that you write a Will and register it. You wife will write her own Will and you will write your own Will. It is advisable that you have both Will's registered before the concerned registrar. Give your brother or some friend a copy of the registered Will for safekeeping.

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